Retail

Salem, NY Retail Space for Sale

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Mixed-Use Building with Apartments
Updated: May 22
Mixed-Use Building with Apartments

198 Main Street, Salem, NY 12865

$249,777
4,520 sqft 0.15 AC lot
Mixed‑use building in Salem village with 4 apartments above 2 vacant commercial spaces
Residential rental income: $3,200/month (1x 2‑bedroom at $1,000/mo and 3x 1‑bedroom at $800/mo, $700/mo, $700/mo)
Appliances and mechanicals refreshed: refrigerators and stoves replaced within the last 1–5 years across all units
Separate electric heat in apartments; hot water tanks range from 1–5 years old; commercial spaces include a 2‑year‑old furnace
Capital improvements reported: new electric, window replacements, and roof replacements on both the main and lower sections
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Retail and Apartments
Mixed-Use Retail and Apartments

609-617 Depot Street, Manchester, VT 05255

$850,000
2,060 sqft 0.25 AC lot

Two town center buildings with two apartments plus a separately occupied commercial space and customer parking.

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Mixed-Use Building with Retail Space
Mixed-Use Building with Retail Space

21 Broad Street, Schuylerville, NY 12871

$320,000
706 sqft 0.14 AC lot

Well-maintained mixed-use building with ground-floor retail and two residential units with separate utility meters.

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Mixed-Use Building in Schuylerville Village
Mixed-Use Building in Schuylerville Village

21 Broad Street, Schuylerville, NY 12871

$320,000
706 sqft 0.14 AC lot

Mixed-use property with retail space and residential units.

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Iconic Manchester Village Commercial Property
Iconic Manchester Village Commercial Property

3568 Main St, Manchester, VT 05254

$1,500,000
0.20 AC lot

Four-story commercial property in the heart of Manchester Village.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Salem, NY

Consider similar Off-Market properties in Salem, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

32 Main St
RETAIL STORES (PERSONAL SERVICES)

32 Main St, Salem, NY 12865

$1,645,000
Estimated value
8,704 sqft 1.32 AC lot
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3121 County Rte 30
RETAIL STORES (PERSONAL SERVICES)

3121 County Rte 30, Salem, NY 12865-4103

Value Estimation by Request
3,008 sqft 0.18 AC lot
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187 Main St
RETAIL STORES (PERSONAL SERVICES)

187 Main St, Salem, NY 12865

Value Estimation by Request
1,976 sqft 0.15 AC lot
View details

Salem, NY Retail Space Market Trends and Statistics

Explore 4 retail space for sale in Salem, NY on our real estate platform. These investment opportunities span a total of 4,520 square feet of properties for sale, with an estimated market value of $249,777.

Sale prices for retail space in Salem, NY start at $249,777, averaging $249,777, and reaching up to $249,777 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 1

Demographics Overview

Population 3,353
Population Growth (5Y) -9.1%
Median Household Income $70,868
College Educated 41.0%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
12865 $249.8K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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